Chembio Diagnostics, Inc., together with its subsidiaries, develops, manufactures, and commercializes point-of-care (POC) diagnostic tests that are used to detect or monitor diseases. It offers tests for HIV and Syphilis, and Zika virus. The company also develops tests for malaria, Dengue virus, chikungunya virus, Ebola, Lassa, Marburg, leptospirosis, Rickettsia typhi, Burkholderia pseudomallei, and Orientia tsutsugamushi. It sells its products under the STAT-PAK, SURE CHECK, STAT VIEW, or DPP trademarks, as well as under the private labels of its marketing partners to medical laboratories and hospitals, governmental and public health entities, non-governmental organizations, medical professionals, and retail establishments in the United States and internationally. The company has collaboration agreements with Concussion Science Group Division of Perseus Science Group LLC for the development of a POC diagnostic test for traumatic brain injury; international diagnostics company to develop a POC diagnostic test for a specific type of cancer; and AstraZeneca for the development of a POC assay for a novel biomarker, as well as with LumiraDx to develop POC diagnostic tests. Chembio Diagnostics, Inc. was founded in 1985 and is headquartered in Medford, New York.
Industry, Sector and Symbol
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Phone631-924-1135
Debt
Current Ratio2.86
Quick Ratio2.09
Price-To-Earnings
Sales & Book Value
Annual Sales$24.01 million
Price / Sales4.81
Price / Cash FlowN/A
Price / Book6.34
Profitability
Net Income$-6,370,000.00
Net Margins-21.04%
Return on Assets-26.07%
Miscellaneous
Employees165
OptionableNot Optionable
Chembio Diagnostics (NASDAQ:CEMI) Frequently Asked Questions
What is Chembio Diagnostics' stock symbol?
Chembio Diagnostics trades on the NASDAQ under the ticker symbol "CEMI."
How were Chembio Diagnostics' earnings last quarter?
Chembio Diagnostics Inc (NASDAQ:CEMI) announced its quarterly earnings data on Thursday, November, 8th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.06) by $0.10. The firm had revenue of $9.38 million for the quarter. Chembio Diagnostics had a negative net margin of 21.04% and a negative return on equity of 34.10%. View Chembio Diagnostics' Earnings History.
When is Chembio Diagnostics' next earnings date?
What guidance has Chembio Diagnostics issued on next quarter's earnings?
Chembio Diagnostics issued an update on its third quarter 2018 earnings guidance on Monday, October, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $9.2-9.4 million, compared to the consensus revenue estimate of $8.1 million.
What price target have analysts set for CEMI?
3 brokers have issued twelve-month target prices for Chembio Diagnostics' shares. Their forecasts range from $9.00 to $14.00. On average, they anticipate Chembio Diagnostics' share price to reach $11.50 in the next year. This suggests a possible upside of 71.1% from the stock's current price. View Analyst Price Targets for Chembio Diagnostics.
What is the consensus analysts' recommendation for Chembio Diagnostics?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chembio Diagnostics in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Chembio Diagnostics.
Has Chembio Diagnostics been receiving favorable news coverage?
Headlines about CEMI stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Chembio Diagnostics earned a media sentiment score of 0.6 on InfoTrie's scale. They also gave media stories about the company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the company's share price in the near future.
Who are some of Chembio Diagnostics' key competitors?
Some companies that are related to Chembio Diagnostics include Corbus Pharmaceuticals (CRBP), GlycoMimetics (GLYC), Corium International (CORI), Kezar Life Sciences (KZR), Clementia Pharmaceuticals (CMTA), BioSpecifics Technologies (BSTC), Arcus Biosciences (RCUS), Evolus (EOLS), ZEALAND PHARMA/S (ZEAL), Beyondspring (BYSI), Evelo Biosciences (EVLO), American Brivision (Holding) (ABVC), Progenics Pharmaceuticals (PGNX), MediciNova (MNOV) and TG Therapeutics (TGTX).
Who are Chembio Diagnostics' key executives?
Chembio Diagnostics' management team includes the folowing people:
- Mr. John J. Sperzel III, Pres, CEO & Director (Age 54)
- Mr. Neil A. Goldman, Exec. VP & CFO (Age 50)
- Mr. Javan Esfandiari, Chief Science & Technology Officer and Exec. VP (Age 51)
- Ms. Sharon Klugewicz, Sr. VP and Chief Quality & Regulatory Officer (Age 50)
- Dr. Robert Passas Ph.D., Sr. VP & Chief Commercial Officer (Age 64)
How do I buy shares of Chembio Diagnostics?
Shares of CEMI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Chembio Diagnostics' stock price today?
One share of CEMI stock can currently be purchased for approximately $6.72.
How big of a company is Chembio Diagnostics?
Chembio Diagnostics has a market capitalization of $116.87 million and generates $24.01 million in revenue each year. The company earns $-6,370,000.00 in net income (profit) each year or ($0.52) on an earnings per share basis. Chembio Diagnostics employs 165 workers across the globe.
What is Chembio Diagnostics' official website?
How can I contact Chembio Diagnostics?
Chembio Diagnostics' mailing address is 3661 HORSEBLOCK ROAD, MEDFORD NY, 11763. The company can be reached via phone at 631-924-1135 or via email at [email protected]
MarketBeat Community Rating for Chembio Diagnostics (NASDAQ CEMI)
MarketBeat's community ratings are surveys of what our community members think about Chembio Diagnostics and other stocks. Vote "Outperform" if you believe CEMI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CEMI will underperform the S&P 500 over the long term. You may vote once every thirty days.
